jaydee_757

GRT Update: Short term bearish, but Momentum changed in MACD!!

Long
jaydee_757 Updated   
COINBASE:GRTUSD   The Graph
FACTS:

1. Just as Google indexes the web, The Graph indexes blockchain data from networks.

2. Can buy in the BIG exchanges like Coinbase, Binance, and Kucoin.

3. Longer the CONSOLIDATION, the bigger the move. Think of DOGE. Consolidated in a range
for 3-4 years, then exploded over over 1000x. Don't buy the hype, buy the fear and Cryptocurrencies that haven't moved yet!!

Market Cap: 1.9 Billion (HIGHLY UNDERVALUED!)

Total Supply: 10 BIllion


Everything is on the chart! GRT is on the verge of exploding higher. Dips/Corrections are normal and are needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. Buy targets are between the Fibs (shown in the chart). On the chart, the RSI is bouncing off strong support resistance from the past and we are CLEARLY OVERSOLD... MACD changed momentum to bullish on May 1st. GRT is about to make a big move right after the correction that will happen VERY SOON. NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!


CHARTS DON'T LIE!! Small/Mid size Corrections will happen on this journey to $5000 which corresponds to the Fibbonacci target in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin!


My last LTC chart:

Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weeky!


Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.


Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.


I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, BTMX, and NKN are the some of the altcoins I am moving BTC too).


Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!


Good Luck!


"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch

Comment:
Sorry meant to say Journey to $16, not "journey to $5000"..
Comment:
And accidentally put my LTC chart on here. Ignore that too.

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